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Downtown Miami

Why you'd want to live in Downtown Miami

Downtown Miami is an urban city center, based around the Central Business District of Miami, Florida, United States. In addition to the central business district, the area also consists of the Brickell Financial District, Historic District, Government Center, Omni and Park West. The neighborhood is divided by the Miami River and is bordered by Midtown (Edgewater and Wynwood) to the north, Biscayne Bay to the east, Civic Center and Overtown to the west, and Coconut Grove to the south. Brickell Avenue and Biscayne Boulevard are the main north-south roads, and Flagler Street is the main east-west road. The neighborhood is defined by the Miami Downtown Development Authority (DDA) as the 3.8-square-mile (9.8 km2)-area east of Interstate 95 between the Rickenbacker Causeway to the south and Julia Tuttle Causeway to the north. Locally known as Downtown, the area is a cultural, financial, and commercial center of South Florida, tracing its present-day history back to the 19th century. In recent years, Downtown Miami has grown and physically expanded to become the fastest-growing area in Miami, with rapid increase in population and the greatest concentration of high-rises in the region. Greater Downtown is home to many major museums, parks, education centers, banks, company headquarters, courthouses, government offices, theaters, shops and many of the oldest buildings in the city. via Wikipedia

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Downtown Miami Market Report

$1,801,793

AVERAGE PRICE OF 661 HOMES

$2,887,018

AVERAGE PRICE OF 56 NEWLY BUILT HOMES

$6,886,726

AVERAGE PRICE OF 155 HOMES WITH A POOL

$5,253,360

AVERAGE PRICE OF 151 MULTI-MILLION DOLLAR HOMES

$1,640,230

AVERAGE PRICE OF 13 REDUCED PRICE HOMES

$569,000

AVERAGE PRICE OF 2 DISTRESSED HOMES

Average Home

Average Price $1,801,793
Avg Bedrooms 2.38 beds
Avg Bathrooms 2.42 baths

Average Price by Bedrooms

1 bedroom $437,662
2 bedrooms $818,513
3 bedrooms $2,091,540
4 bedrooms $2,925,396
5 bedrooms $8,437,250
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Washington; Brooker T 22 $488,631 63 days
Miami Beach Senior High School 17 $1,819,618 153 days
Coral Gables Senior High School 11 $1,806,444 168 days
Alonzo And Tracy Mourning Sr. High 5 $1,641,000 62 days
Miami Edison Senior High School 4 $2,733,500 50 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 661 $1,801,793 155 days
Newly Built Homes 56 $2,887,018 171 days
Homes with a Pool 155 $6,886,726 122 days
Multi-Million Dollar Homes 151 $5,253,360 170 days
Reduced Price Homes 13 $1,640,230 146 days
Distressed Homes 2 $569,000 191 days
Julie's Realty LLC
1700 79th Street Causeway, Suite 160
North Bay Village, FL 33141
305-751-6400

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